Tearsheet

Playboy (PLBY)


Market Price (5/30/2026): $1.37 | Market Cap: $156.4 Mil
Sector: Consumer Discretionary | Industry: Leisure Facilities

Playboy (PLBY)


Market Price (5/30/2026): $1.37
Market Cap: $156.4 Mil
Sector: Consumer Discretionary
Industry: Leisure Facilities

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -26%

Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, Experience Economy & Premiumization, and Social Media & Creator Economy. Themes include Direct-to-Consumer Brands, Show more.

Weak multi-year price returns
3Y Excs Rtn is -101%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -1.6 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -1.3%

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 94%

Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -9.5%

Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.7%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -9.1%

Key risks
PLBY key risks include [1] declining brand relevance, Show more.

0 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -26%
1 Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, Experience Economy & Premiumization, and Social Media & Creator Economy. Themes include Direct-to-Consumer Brands, Show more.
2 Weak multi-year price returns
3Y Excs Rtn is -101%
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -1.6 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -1.3%
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 94%
5 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -9.5%
6 Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.7%
7 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -9.1%
8 Key risks
PLBY key risks include [1] declining brand relevance, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 5/28/2026
Playboy (PLBY) stock has lost about 10% since 1/31/2026 because of the following key factors:

1. Playboy's stock declined due to its significant miss on both earnings per share (EPS) and revenue forecasts for Q1 2026. The company reported an EPS of -$0.03, missing analysts' consensus estimates of $0.01 by $0.04, marking a 400% negative surprise. Additionally, quarterly revenue came in at $30.24 million, falling short of the consensus estimate of $30.72 million.

2. A notable decrease in licensing revenue contributed to the negative stock trend. While direct-to-consumer sales grew, Playboy's licensing revenue specifically declined by 5% to $10.9 million in Q1 2026.

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Stock Movement Drivers

Fundamental Drivers

The -9.3% change in PLBY stock from 1/31/2026 to 5/29/2026 was primarily driven by a -10.2% change in the company's Shares Outstanding (Mil).
(LTM values as of)13120265292026Change
Stock Price ($)1.511.37-9.3%
Change Contribution By: 
Total Revenues ($ Mil)1201222.3%
P/S Multiple1.31.3-1.2%
Shares Outstanding (Mil)103114-10.2%
Cumulative Contribution-9.3%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/29/2026
ReturnCorrelation
PLBY-9.3% 
Market (SPY)9.6%35.2%
Sector (XLY)-0.0%31.9%

Fundamental Drivers

The 3.0% change in PLBY stock from 10/31/2025 to 5/29/2026 was primarily driven by a 22.2% change in the company's P/S Multiple.
(LTM values as of)103120255292026Change
Stock Price ($)1.331.373.0%
Change Contribution By: 
Total Revenues ($ Mil)1201221.9%
P/S Multiple1.01.322.2%
Shares Outstanding (Mil)94114-17.3%
Cumulative Contribution3.0%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/29/2026
ReturnCorrelation
PLBY3.0% 
Market (SPY)11.5%24.2%
Sector (XLY)1.2%16.6%

Fundamental Drivers

The 24.5% change in PLBY stock from 4/30/2025 to 5/29/2026 was primarily driven by a 61.0% change in the company's P/S Multiple.
(LTM values as of)43020255292026Change
Stock Price ($)1.101.3724.5%
Change Contribution By: 
Total Revenues ($ Mil)1161225.3%
P/S Multiple0.81.361.0%
Shares Outstanding (Mil)84114-26.5%
Cumulative Contribution24.5%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/29/2026
ReturnCorrelation
PLBY24.5% 
Market (SPY)38.0%28.0%
Sector (XLY)23.5%22.7%

Fundamental Drivers

The -18.0% change in PLBY stock from 4/30/2023 to 5/29/2026 was primarily driven by a -70.6% change in the company's Shares Outstanding (Mil).
(LTM values as of)43020235292026Change
Stock Price ($)1.671.37-18.0%
Change Contribution By: 
Total Revenues ($ Mil)1220.0%
P/S Multiple1.30.0%
Shares Outstanding (Mil)34114-70.6%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2023 to 5/29/2026
ReturnCorrelation
PLBY-18.0% 
Market (SPY)89.0%17.4%
Sector (XLY)67.5%19.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
PLBY Return153%-90%-64%46%29%-27%-87%
Peers Return30%-34%40%-11%-6%6%7%
S&P 500 Return27%-19%24%23%16%10%101%

Monthly Win Rates [3]
PLBY Win Rate50%25%33%58%42%40% 
Peers Win Rate65%38%50%42%45%68% 
S&P 500 Win Rate75%42%67%75%67%60% 

Max Drawdowns [4]
PLBY Max Drawdown-65%-91%-88%-62%-56%-56% 
Peers Max Drawdown-23%-54%-41%-44%-49%-32% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: VSCO, PVH, GIII, COTY, EL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/29/2026 (YTD)

How Low Can It Go

EventPLBYS&P 500
2025 US Tariff Shock
  % Loss-50.8%-18.8%
  % Gain to Breakeven103.3%23.1%
  Time to Breakeven106 days79 days
2024 Yen Carry Trade Unwind
  % Loss-21.7%-7.8%
  % Gain to Breakeven27.7%8.5%
  Time to Breakeven36 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-75.6%-9.5%
  % Gain to Breakeven310.0%10.5%
  Time to Breakeven398 days24 days
2023 SVB Regional Banking Crisis
  % Loss-44.2%-6.7%
  % Gain to Breakeven79.3%7.1%
  Time to Breakeven986 days31 days

Compare to VSCO, PVH, GIII, COTY, EL

In The Past

Playboy's stock fell -50.8% during the 2025 US Tariff Shock. Such a loss loss requires a 103.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventPLBYS&P 500
2025 US Tariff Shock
  % Loss-50.8%-18.8%
  % Gain to Breakeven103.3%23.1%
  Time to Breakeven106 days79 days
2024 Yen Carry Trade Unwind
  % Loss-21.7%-7.8%
  % Gain to Breakeven27.7%8.5%
  Time to Breakeven36 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-75.6%-9.5%
  % Gain to Breakeven310.0%10.5%
  Time to Breakeven398 days24 days
2023 SVB Regional Banking Crisis
  % Loss-44.2%-6.7%
  % Gain to Breakeven79.3%7.1%
  Time to Breakeven986 days31 days

Compare to VSCO, PVH, GIII, COTY, EL

In The Past

Playboy's stock fell -50.8% during the 2025 US Tariff Shock. Such a loss loss requires a 103.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Playboy (PLBY)

PLBY Group, Inc. operates as a pleasure and leisure company worldwide. The company operates through three segments: Licensing, Direct-to-Consumer, and Digital Subscriptions and Content. It offers sexual wellness products, such as products that enhance sexual experience, lingerie, bedroom accessories, intimates, and adult content; style and apparel products for men and women; gaming and lifestyle products, including digital casino and social games, and other home and hospitality offerings; and beauty and grooming products for men and women, such as skincare, haircare, bath and body, grooming, cosmetics, and fragrance. The company offers its products under its flagship brand, Playboy. It also owns and operates digital commerce retail platforms, such as Playboy.com, HoneyBirdette.com, Yandy.com, and LoversStores.com; and Honey Birdette and Lovers retail stores. In addition, the company licenses content for programming on Playboy television; trademarks under multi-year arrangements with consumer products, online gaming, and location-based entertainment businesses; and programming content to cable television operators and direct-to-home satellite television operators. Further, its business covers the subscription sale of PlayboyPlus.com and Playboy.tv, which are online content platforms. The company was founded in 1953 and is headquartered in Los Angeles, California.

AI Analysis | Feedback

Here are 1-3 brief analogies for Playboy (PLBY):

  • Amazon for sexual wellness and adult lifestyle products.

  • An adult-oriented Disney, focused on brand licensing and lifestyle products.

AI Analysis | Feedback

  • Sexual Wellness Products: A range of products including lingerie, intimates, bedroom accessories, and items designed to enhance sexual experience.
  • Style and Apparel Products: Fashion clothing and accessories for both men and women.
  • Beauty and Grooming Products: Cosmetics, fragrances, skincare, haircare, and bath and body items.
  • Gaming and Lifestyle Products: Digital casino and social games, along with various home and hospitality offerings.
  • Brand and Content Licensing: Licensing of the Playboy brand, trademarks, and programming content for various consumer products, entertainment, and gaming businesses.
  • Digital Content Subscriptions: Subscription-based access to online content platforms such as PlayboyPlus.com and Playboy.tv.

AI Analysis | Feedback

Playboy (PLBY Group, Inc.) primarily sells to individual consumers through its direct-to-consumer channels and digital subscriptions, while also engaging in significant business-to-business (B2B) licensing activities. Based on the products and services offered directly to individuals, its major customer categories include:

  1. Consumers of Sexual Wellness & Intimacy Products: Individuals who purchase products such as lingerie, bedroom accessories, intimates, and adult content through its e-commerce platforms like HoneyBirdette.com, Yandy.com, LoversStores.com, and its Honey Birdette and Lovers retail stores.
  2. Fashion, Lifestyle, and Beauty Consumers: Individuals interested in style and apparel products for men and women, beauty and grooming products (including skincare, haircare, bath and body, grooming, cosmetics, and fragrance), and gaming and lifestyle products, primarily through its flagship Playboy.com platform.
  3. Digital Content Subscribers: Individuals who subscribe to its online content platforms, such as PlayboyPlus.com and Playboy.tv, for digital programming and content.

AI Analysis | Feedback

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AI Analysis | Feedback

Ben Kohn, Chief Executive Officer, President & Director

Ben Kohn has served as the Chief Executive Officer, President, and a Director of PLBY Group, Inc. since February 2021, having previously been interim CEO of Playboy from May 2016 to December 2017 and then CEO, President, and Chairman from January 2018 to 2020. He has been on Playboy's Board of Directors since March 2011. From 2004 to December 2018, Mr. Kohn was a Managing Partner at the private equity firm Rizvi Traverse, where he spearheaded the successful buyouts of significant media and entertainment companies, including taking Playboy private in 2011. Before his tenure at Rizvi Traverse, he held the position of Vice President at Angelo, Gordon & Co., specializing in private equity and special situations. Mr. Kohn began his career as an Analyst in the Mergers and Acquisitions group at Cowen & Company. He also serves on the Board of Directors for the performance rights organization, SESAC.

Marc Crossman, Chief Operating Officer & Chief Financial Officer

Marc Crossman was appointed Chief Operating Officer and Chief Financial Officer of PLBY Group in March 2023. He joined PLBY from Rizvi Traverse Management, where he was a partner responsible for investment sourcing and evaluating technology venture capital investments. Prior to that, Mr. Crossman served as the Chief Executive Officer of Rain Technology (formerly RealD Me). Before joining RealD Me, he was the CFO and subsequently CEO of Joe's Jeans Inc., where he was instrumental in developing the denim brand into a prominent company with global distribution and a retail store presence. Mr. Crossman commenced his career in investment banking.

Chris Riley, General Counsel & Secretary

Chris Riley is responsible for overseeing all of PLBY Group's global legal, compliance, and government affairs, including corporate governance, securities, transactions, intellectual property, litigation, and HR matters. He has served as the Company's General Counsel and Secretary since February 2021, having previously held the same role for Playboy since January 2019. His prior experience includes serving as General Counsel of Machinima, Inc., General Counsel and Senior Vice President of Ticketmaster, and General Counsel and Vice President of Match.com. Mr. Riley started his legal career at Sidley Austin and later worked in the corporate group at Gibson Dunn.

Reena Patel, President, International, Operations and Strategy

Reena Patel serves as the President, International, Operations and Strategy for PLBY Group.

AI Analysis | Feedback

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Key Risks to Playboy (PLBY)

  1. Financial Health, Liquidity, and Shareholder Dilution: Playboy faces significant financial challenges, including negative free cash flow, substantial reliance on debt, and liquidity constraints evidenced by a current ratio below the ideal threshold and an Altman Z-Score in the distress zone. The company's liquidity position has been bolstered through significant shareholder dilution.
  2. Dependence on Licensing Partners and Loss of Operational Control: The company's strategic shift to an asset-light model, heavily reliant on licensing agreements (such as the long-term deal with Byborg), concentrates revenue in the hands of a few partners. This exposes Playboy to the risk of a sales slowdown if these partners underperform and results in a loss of operational control over key revenue verticals.
  3. Intense Competitive Pressures: Playboy operates in highly competitive markets for its digital content, direct-to-consumer products, and lifestyle offerings. It faces significant competition from other digital subscription platforms, such as OnlyFans, as well as established lingerie and lifestyle brands.
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AI Analysis | Feedback

The rise of creator-economy platforms, such as OnlyFans and similar services, poses a clear emerging threat to Playboy's digital content subscription business (PlayboyPlus.com and Playboy.tv) and its adult content offerings. These platforms enable individual content creators to directly monetize their work and engage with fanbases, offering a more direct, often personalized, and diverse range of content. This model competes directly with traditional content publishers and aggregators like Playboy, potentially drawing away subscribers and talent, much like Netflix disrupted Blockbuster by offering a different content consumption model, or YouTube challenged cable companies with user-generated, on-demand content.

AI Analysis | Feedback

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For PLBY Group, Inc. (Playboy), the addressable markets for their main products and services are as follows:

  • Sexual Wellness Products: The global sexual wellness products market size was valued at approximately USD 27.22 billion in 2025 and is projected to reach around USD 52.71 billion by 2034. The U.S. sexual wellness market size was valued at USD 23.25 billion in 2025 and is projected to reach approximately USD 49.92 billion by 2035.
  • Style and Apparel Products: The global apparel market size was valued at USD 1.84 trillion in 2025 and is expected to reach USD 2.54 trillion by 2033. The United States apparel market is the largest in the world, with a size of USD 365.70 billion in 2025. The U.S. clothing and apparel market is projected to grow from USD 370.4 billion in 2024 to USD 482.1 billion by 2032.
  • Gaming and Lifestyle Products (Online Gaming/Gambling): The global online gaming market size was valued at USD 225.28 billion in 2025 and is projected to grow to USD 501.91 billion by 2034. The U.S. online gambling market size was valued at USD 5.95 billion in 2025 and is estimated to reach USD 14.79 billion by 2031. Another source indicates the U.S. iGaming market revenue is projected to reach USD 26.8 billion in 2025.
  • Beauty and Grooming Products: The global beauty and personal care products market size was valued at around USD 601.39 billion in 2024 and is projected to reach USD 1232.57 billion by 2034. The U.S. beauty and personal care products market size was estimated at USD 109.56 billion in 2025 and is expected to reach USD 196.33 billion by 2033.
  • Digital Subscriptions and Content: The global digital media subscription market reached USD 28.27 billion in 2024 and is projected to grow to USD 323.28 billion by 2034. The U.S. digital media subscription market stood at approximately USD 7.9 billion in 2024 and is projected to expand to reach USD 77.2 billion by 2034. The U.S. digital content market was estimated at USD 45.5 billion in 2024 and is projected to grow from USD 48.41 billion in 2025 to USD 90.0 billion by 2035.
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AI Analysis | Feedback

Playboy (NASDAQ: PLBY) is expected to drive future revenue growth over the next two to three years through a strategic shift towards an asset-light licensing model, expansion of its media and digital platforms, development of experiential offerings, and the strategic optimization of its Honey Birdette brand.

1. Expansion of Asset-Light Licensing Business

A primary driver of future revenue growth for Playboy is the expansion of its high-margin, asset-light licensing business. The company has been actively transitioning to this model, which is designed to generate recurring revenue streams with minimal capital investment. A significant example is the Byborg licensing deal, which took effect in January 2025 and is anticipated to generate at least $20 million annually through royalties for 15 years. Additionally, a recently announced joint venture with UTG Brands Management Group in China is expected to bolster global licensing revenue, demonstrating renewed traction in this key market.

2. Growth in Media, Digital Subscriptions, and Creator Economy

Playboy is focused on accelerating revenue through its media and digital content initiatives, including the relaunch of the Playboy magazine and the development of its digital platforms. The magazine's relaunch is planned for four issues in 2026, with opportunities for new revenue streams through paid stand voting, sponsorships, and associated events. The company is also investing in its digital platform, rebranding it as the "Playboy Club," and leveraging SEO-optimized archives to attract creators and expand organic traffic. A new membership tier with a credit system is designed to bundle microtransactions, reduce fees, enhance user experience, and fund performance marketing to grow the creator ecosystem. This focus on original content and a robust creator platform is expected to drive digital subscriptions and content revenue growth.

3. Development of Experiential and Hospitality Offerings

The company is venturing into integrated physical and digital experiences, with a planned Miami Beach membership club being a notable initiative. While the revenue from hospitality offerings like the Miami club is not expected to be meaningful until 2027, this segment represents a future growth area as Playboy aims to expand its market presence through unique lifestyle experiences.

4. Strategic Optimization and Potential Monetization of Honey Birdette

While the long-term goal for Honey Birdette is to find a suitable owner to deleverage the company, in the interim, operational improvements and strategic pricing are contributing to revenue and profitability. The company is phasing in a 10% price increase on Honey Birdette products, which has shown no consumer resistance, and is implementing interim operational improvements to boost top and bottom-line performance. The brand has shown improved gross margins and full-price sales growth despite reduced promotional activities. The strategic rebranding of the PLAYBOY Club and potential store growth for Honey Birdette also suggest a favorable outlook for revenue growth and profitability.

AI Analysis | Feedback

Share Issuance

  • Playboy went public in 2021 through a SPAC merger, which brought in over $100 million at the initial public offering.
  • Millions of dollars were raised in subsequent years by issuing new shares, leading to a more than quadrupling of PLBY's share count since its IPO.
  • As of March 10, 2025, there were 93,747,069 shares of common stock outstanding.

Inbound Investments

  • The 2021 SPAC merger contributed over $100 million in capital to the company.
  • Approximately 30% of shares are held by venture capital or private equity firms, with Fortress Investment Group LLC and Rizvi Traverse Management LLC being among the largest institutional shareholders.
  • Playboy Group completed a strategic investment from Byborg for over $22 million around the third quarter of 2024.

Outbound Investments

  • In August 2021, PLBY Group, Inc. acquired Honey Birdette (Aust) Pty Limited for approximately $235 million in cash and 2,155,849 shares of its common stock valued at about $93 million.
  • Playboy announced the sale of 50% of its China business to United Trademark Group for a total cash consideration of $122 million, comprising $45 million in installment payments and $67 million in fixed minimum payouts.

Capital Expenditures

  • In Q3 2024, capital expenditures of $2.3 million accounted for a significant portion of the company's operating cash flow, resulting in -$21.4 million in free cash flow and indicating heavy capital investment.
  • The company has shifted from capital-intensive strategies, such as metaverse expansion and launching a creator platform like "Centerfold," to an asset-light model focused primarily on licensing.

Better Bets vs. Playboy (PLBY)

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1Playboy Earnings Notes12/16/2025
Title
0ARTICLES

Trade Ideas

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Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
FUN_4302026_Short_Squeeze04302026FUNSix Flags EntertainmentSpecialShort Squeeze PotentialShort Squeeze Potential
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MGM_4242026_Insider_Buying_GTE_1Mil_EBITp+DE_V204242026MGMMGM Resorts InternationalInsiderInsider Buys | Low D/EStrong Insider Buying
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WEN_4242026_Short_Squeeze04242026WENWendy'sSpecialShort Squeeze PotentialShort Squeeze Potential
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-2.5%-2.5%-5.3%
WHR_4102026_Short_Squeeze04102026WHRWhirlpoolSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
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SKY_4022026_Dip_Buyer_FCFYield04022026SKYChampion HomesDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.1%3.1%-1.2%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

PLBYVSCOPVHGIIICOTYELMedian
NamePlayboy Victoria.PVH G-III Ap.Coty Estee La. 
Mkt Price1.3755.0093.2832.332.1388.9543.66
Mkt Cap0.24.44.31.41.932.33.1
Rev LTM1226,5538,9502,9575,79014,8336,171
Op Inc LTM-22716561573421,564306
FCF LTM-23125382643101,285311
FCF 3Y Avg-19231615367320362341
CFO LTM-04996802995051,798502
CFO 3Y Avg-164387974015451,848491

Growth & Margins

PLBYVSCOPVHGIIICOTYELMedian
NamePlayboy Victoria.PVH G-III Ap.Coty Estee La. 
Rev Chg LTM4.8%5.2%3.4%-7.0%-3.6%0.3%1.9%
Rev Chg 3Y Avg-9.5%1.1%-0.2%-2.8%2.8%-2.2%-1.2%
Rev Chg Q4.7%7.7%5.6%-8.1%-1.3%4.6%4.6%
QoQ Delta Rev Chg LTM1.1%2.6%1.5%-2.2%-0.3%1.1%1.1%
Op Inc Chg LTM93.3%-12.3%-10.2%-48.0%-38.2%17.2%-11.3%
Op Inc Chg 3Y Avg50.0%-11.8%-3.7%-7.8%11.2%-3.9%-3.8%
Op Mgn LTM-1.3%4.1%7.3%5.3%5.9%10.5%5.6%
Op Mgn 3Y Avg-11.7%4.4%8.2%8.0%8.7%9.2%8.1%
QoQ Delta Op Mgn LTM3.6%-0.7%-0.1%-1.9%-0.3%0.9%-0.2%
CFO/Rev LTM-0.3%7.6%7.6%10.1%8.7%12.1%8.2%
CFO/Rev 3Y Avg-11.1%6.9%8.9%13.0%9.1%12.3%9.0%
FCF/Rev LTM-1.7%4.8%6.0%8.9%5.4%8.7%5.7%
FCF/Rev 3Y Avg-12.7%3.6%6.9%11.9%5.4%2.5%4.5%

Valuation

PLBYVSCOPVHGIIICOTYELMedian
NamePlayboy Victoria.PVH G-III Ap.Coty Estee La. 
Mkt Cap0.24.44.31.41.932.33.1
P/S1.30.70.50.50.32.20.6
P/Op Inc-96.416.26.58.75.520.67.6
P/EBIT-683.115.817.512.2-4.863.114.0
P/E-20.627.3169.620.2-3.5-130.18.4
P/CFO-373.38.86.34.63.717.95.4
Total Yield-4.9%3.7%0.7%4.9%-28.4%-0.4%0.1%
Dividend Yield0.0%0.0%0.1%0.0%0.0%0.4%0.0%
FCF Yield 3Y Avg-21.8%7.0%14.0%29.3%9.3%2.3%8.1%
D/E1.10.61.00.21.80.30.8
Net D/E0.90.50.8-0.11.70.20.7

Returns

PLBYVSCOPVHGIIICOTYELMedian
NamePlayboy Victoria.PVH G-III Ap.Coty Estee La. 
1M Rtn-20.3%8.1%2.5%4.6%-10.1%18.0%3.6%
3M Rtn-28.3%-12.3%36.1%6.1%-15.1%-18.4%-13.7%
6M Rtn-28.6%33.1%10.1%11.7%-35.8%-4.8%2.7%
12M Rtn-12.2%165.6%10.2%14.4%-57.3%32.1%12.3%
3Y Rtn-12.2%157.2%5.3%90.9%-80.7%-51.0%-3.4%
1M Excs Rtn-26.6%1.9%-3.7%-1.6%-16.4%11.7%-2.7%
3M Excs Rtn-38.5%-22.5%25.9%-4.1%-25.3%-28.6%-23.9%
6M Excs Rtn-37.6%32.1%1.8%-1.7%-46.1%-14.2%-8.0%
12M Excs Rtn-42.6%133.3%-20.8%-15.0%-84.1%8.2%-17.9%
3Y Excs Rtn-100.8%50.5%-70.8%7.3%-163.4%-133.6%-85.8%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Direct-to-Consumer7078105148 
Licensing25446166 
All Other21011 
Corporate10   
Digital Subscriptions and Content 211931 
Total116143186247 


Operating Income by Segment
$ Mil20252024202320222021
Licensing15-47-7448 
Direct-to-Consumer-2-99-177-3 
All Other-28-011 
Corporate-35-43-32-125 
Digital Subscriptions and Content -2-139 
Total-51-190-296-69 


Assets by Segment
$ Mil20252024202320222021
Single segment    59
Total    59


Price Behavior

Price Behavior
Market Price$1.37 
Market Cap ($ Bil)0.2 
First Trading Date08/31/2020 
Distance from 52W High-49.4% 
   50 Days200 Days
DMA Price$1.60$1.68
DMA Trenddowndown
Distance from DMA-14.3%-18.7%
 3M1YR
Volatility64.8%79.1%
Downside Capture353.33240.34
Upside Capture101.42151.11
Correlation (SPY)43.8%25.4%
PLBY Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta1.302.032.681.831.941.07
Up Beta0.921.381.781.641.990.63
Down Beta-1.103.625.862.241.940.79
Up Capture153%150%262%261%317%259%
Bmk +ve Days15223166141428
Stock +ve Days10162556107336
Down Capture168%226%185%139%148%110%
Bmk -ve Days4183056108321
Stock -ve Days10253661124379

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PLBY
PLBY-21.8%78.5%0.01-
Sector ETF (XLY)13.4%18.0%0.5519.7%
Equity (SPY)30.3%11.8%1.9426.7%
Gold (GLD)37.5%26.7%1.171.9%
Commodities (DBC)39.6%18.8%1.63-7.5%
Real Estate (VNQ)12.5%13.1%0.6410.1%
Bitcoin (BTCUSD)-31.8%41.6%-0.8114.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PLBY
PLBY-50.7%89.5%-0.39-
Sector ETF (XLY)8.4%23.7%0.3130.8%
Equity (SPY)14.3%17.0%0.6627.7%
Gold (GLD)18.8%18.0%0.852.7%
Commodities (DBC)10.2%19.4%0.416.1%
Real Estate (VNQ)3.4%18.8%0.0823.4%
Bitcoin (BTCUSD)14.6%54.6%0.4618.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PLBY
PLBY-19.0%90.0%-0.01-
Sector ETF (XLY)13.3%22.0%0.5530.6%
Equity (SPY)15.9%17.9%0.7626.9%
Gold (GLD)13.3%16.0%0.694.2%
Commodities (DBC)7.3%17.9%0.336.8%
Real Estate (VNQ)5.7%20.7%0.2422.7%
Bitcoin (BTCUSD)67.0%66.9%1.0618.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date5152026
Short Interest: Shares Quantity2.1 Mil
Short Interest: % Change Since 430202645.3%
Average Daily Volume1.4 Mil
Days-to-Cover Short Interest1.6 days
Basic Shares Quantity114.2 Mil
Short % of Basic Shares1.9%

Earnings Returns History

Updated 5/29/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/11/2026-13.3%-27.7% 
3/16/2026-1.1%1.1%-1.7%
11/12/202522.1%17.6%30.9%
8/12/202510.3%0.6%6.1%
5/15/202532.5%29.1%25.6%
3/13/20250.8%-4.1%-16.5%
11/12/2024-12.2%4.6%45.4%
8/8/2024-23.3%-17.0%-28.0%
...
SUMMARY STATS   
# Positive9118
# Negative121012
Median Positive12.3%4.6%25.5%
Median Negative-12.7%-15.7%-13.9%
Max Positive32.5%32.4%131.4%
Max Negative-25.4%-34.3%-38.5%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/11/202610-Q
12/31/202503/16/202610-K
09/30/202511/12/202510-Q
06/30/202508/12/202510-Q
03/31/202505/15/202510-Q
12/31/202403/13/202510-K
09/30/202411/12/202410-Q
06/30/202408/09/202410-Q
03/31/202405/09/202410-Q
12/31/202303/29/202410-K
09/30/202311/09/202310-Q
06/30/202308/09/202310-Q
03/31/202305/10/202310-Q
12/31/202203/16/202310-K
09/30/202211/09/202210-Q
06/30/202208/09/202210-Q

Recent Forward Guidance

Updated 5/28/2026

Latest: Q1 2026 Earnings Reported 5/11/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2028 Purchase price proceeds 30.00 Mil   Higher New
2028 Brand support payments 6.00 Mil   Higher New
2033 JV distributions 62.00 Mil   Higher New

Prior: Q4 2025 Earnings Reported 3/16/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Debt Reduction 52.00 Mil    
2026 UTG Partnership Cash Payments 122.00 Mil    

Insider Activity

Updated 5/27/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Edmonds, Tracey E DirectSell52720261.338,19310,897257,048Form
2Edmonds, Tracey E DirectSell52720261.3318,19824,203267,944Form
3Edmonds, Tracey E DirectSell52720261.343,8885,192293,312Form
4Edmonds, Tracey E DirectSell52120261.2430,81638,098276,372Form
5Edmonds, Tracey E DirectSell52120261.2125,16230,366306,966Form
Core Cache Last Updated: 5/29/2026